Today it is going to be made official

[Adrian W]

I know it's all to do with negative growth for two successive quarters and all that, Manufacturing is st store chains seem to be shutting down every day and two million people are out of work.

Do we really need to be told officially it's a recession and that were fked.

[Rav]

We got told yesterday in an e-mail from our leader.
It basically outlined that some jobs would have to be culled soon.

Gulp.

[andye30m3]

Think I'm officially redundant today, Find out at some point.

Now busy copying the server onto CD's!

Last one in = first one out!

[NoelWatson]

Adrian W said:

I know it's all to do with negative growth for two successive quarters and all that, Manufacturing is st store chains seem to be shutting down every day and two million people are out of work.

Do we really need to be told officially it's a recession and that were fked.

Numbers are worse than expected

[Monki]

add on the 3ish million people on incapacity benefit who are out of work too who do not make the unemployment figures....

Edited by Monki on Friday 23 January 09:36

[Adrian W]

http://news.bbc.co.uk/1/hi/business/7846266.stm

[dougc]

At last. Does this mean that all and sundry can stop saying 'Credit Crunch/Crisis' or 'Downturn' now? If I hear anyone on R4 say either tonight I shall be livid. If you spot a man driving down the M4 raging at the radio, it'll be me

Edited by dougc on Friday 23 January 09:58

[dwilkie]

Adrian W said:

http://news.bbc.co.uk/1/hi/business/7846266.stm

It sounds like they've finally acknowledged it, but are still trying to put a bit of spin on it with the old "For the first time since 1991" part. That was only 18 years ago ffs...

[Mattygooner]

Isn't this just a credit crunch induced slump with a mild downturn and occasional bad day?

I get confused, so many posts.....

[Eddh]

dougc said:

At last. Does this mean that all and sundry can stop saying 'Credit Crunch/Crisis' or 'Downturn' now? If I hear anyone on R4 say either tonight I shall be livid. If you spot a man driving down the M4 raging at the radio, it'll be me

Edited by dougc on Friday 23 January 09:58

I will be on the lookout

If you see someone foaming at the mouth and waving a torque wrench out the window when someone cuts them up that will be me.

[patmahe]

Pah!, we (Ireland) beat you to it, we've been having our own little recession since late last year. Just throw a recession party with cheapo food and drink, throw on some Bon Jovi or guns and roses and get on with things. We're all fked but at least we're all in it together.

[triggersbroom]

andye30m3 said:

Now busy copying the server onto CD's!

Oh, that's nice of you

[dwilkie]

andye30m3 said:

Think I'm officially redundant today, Find out at some point.

Now busy copying the server onto CD's!

Last one in = first one out!

That's a lot of CD's...